Total Credit to Non-Financial Sector, Adjusted for Breaks, for Spain
QESCAMXDCA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,560.26
Year-over-Year Change
-0.26%
Date Range
1/1/1995 - 10/1/2024
Summary
The Total Credit to Non-Financial Sector, Adjusted for Breaks, for Spain tracks the total credit extended to the non-financial sector in Spain. This metric is crucial for understanding the overall health and financing conditions of the Spanish economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This indicator measures the total credit provided to households, businesses, and other non-financial entities in Spain. It is a key statistic for evaluating the availability of credit and the degree of financial intermediation in the economy.
Methodology
The data is collected and compiled by the Bank for International Settlements (BIS) using a standardized framework across countries.
Historical Context
Policymakers and economists closely monitor this trend to assess financial stability, credit conditions, and the transmission of monetary policy in Spain.
Key Facts
- The series has been tracked since 1970.
- Spain's total credit-to-GDP ratio was 231% as of 2021.
- Credit growth slowed during the 2008-2009 financial crisis.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total credit extended to households, businesses, and other non-financial entities in Spain.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding the overall health and financing conditions of the Spanish economy, which is important for policymakers and investors.
Q: How is this data collected or calculated?
A: The data is collected and compiled by the Bank for International Settlements (BIS) using a standardized framework across countries.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess financial stability, credit conditions, and the transmission of monetary policy in Spain.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months.
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Citation
U.S. Federal Reserve, Total Credit to Non-Financial Sector, Adjusted for Breaks, for Spain (QESCAMXDCA), retrieved from FRED.